Freeport-McMoRan fails off Morocco

July 28, 2015

Freeport-McMoRan Oil & Gas failed to intersect secondary objectives at the MZ-1 exploration well offshore Morocco after reaching a depth of 4653m within the Lower Cretaceous, according to partner Pura Vida Energy. 

Wireline logs have been run to evaluate the entire open-hole section of the well. Preliminary results from all of the data gathered to date indicates that there is no effective reservoir in either of the secondary objectives in the Cenomanian and Aptian intervals and there were no oil shows encountered. 

“We are disappointed that the well failed to encounter reservoir in the secondary objectives in the Cretaceous, however we expect to intersect the primary targets in the Jurassic and look forward to reporting those results shortly,” said Damon Neaves, managing director at Pura Vida Energy.

The MZ-1 well is positioned at a location where a single well can test multiple stacked targets in each of the Cretaceous and Jurassic levels.

Current operations include running casing, prior to drilling ahead to the firm total depth (TD) of 5600m in the Jurassic, to test the primary objectives of the basin floor fans, Fan-1 and Fan-2. After drilling through these targets a decision will be made whether to deepen the well to 6150m to test a third Jurassic fan, Fan-3.

MZ-1 is being drilled by the Atwood Achiever ultra deepwater drill ship in 2176m of water depth, offshore Morocco.

Freeport-McMoRan Oil & Gas LLC (52%) operates the Mazagan permit, with partners Pura Vida Energy (23%), and ONHYM (25%).

Image: Map/Pura Vida Energy

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